Property Detail
Description
Excellent land for development opportunity in the community of Grand Terrace including over 52.7 acres of raw land accessible from Raven Way and Main Street. This property offers a rare opportunity for residential development in the City of Grand Terrace. Tentative Tract 18597 was submitted in 2010, allowing for a 15-DU custom development aligned under current zoning, R-1.20, allowing for 2-DU/acre with 20,000sf minimum pads. However, city has expressed high interest/willingness to cluster under @ R1-10 4-DU/ac., R1-7.2 5-DU/ac. the total 52 acres. Buyers are highly encouraged to speak with city planning to discuss the opportunities associated with this highly coveted foothill location. The Spring Mountain tract was completed by production builders to the south with a $729,000/DU median price. Iron Horse Hills to the north with TTM in place for 184 SFD lots projected @ $725,000/DU. The property offers western exposure view potential and is ripe for development. Imagine the possibilities!
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Listing provided courtesy of Anthony Haan of T.Haan & Associates. Last updated 2024-09-11 09:18:11.000000. Listing information © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.
Marlene Kindt
CA DRE #02087349
Brokerage DRE#
7979 Ivanhoe Avenue, Suite 350La Jolla, CA 92037
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Marlene's Phone: 858.757.7710
Brokerage Phone: 858.457.9400
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License: CA DRE #02087349
Brokerage: DRE #01932411
7979 Ivanhoe Avenue, Suite 350 La Jolla, CA 92037
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